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Historical Production Growth from Egypt
Iraqi Reserves & Resources to Drive Future Growth
Egypt
3.8%
Iraq
95.7%
Yemen
0.5%
Egypt
1.9%
Iraq
96.2%
Yemen
1.9%
Egypt has been the key driver of growth since 2008 with 25 discoveries resulting in 50% exploration drilling
success rate
Kuwait Energy expects Iraqi assets to contribute to production growth from 2017
3
6 8 9
12
15
18
21
18
3
4
4 3
5
7
7
4
7
6
10
12 12
17
22
24
25 25
0
5
10
15
20
25
30
2008 2009 2010 2011 2012 2013 2014 2015 2016
Egypt
Other
WI 2P Reserves (mmboe)
WI 2C Resources (mmboe)
818 mmboe
83% Oil
942 mmboe
85% Oil
WI Average Production (kboe/d)
Existing Production Supports Development
of Large Reserve Base
Source: Company filings, GCA report.
Note: Reserves and resources figures based on GCA report as at 31 December 2015, prior to Siba and Abu Sennan farm-out and excludes Oman reserves due to service contract restrictions.
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